An invaluable article/sharing by Mr. Lam

Travel Insurance: Is travel insurance important? Does anyone ever skipped the travel insurance purchased to save several dollars during purchasing the airline ticket? Do you think credit card insurance coverage is similar to travel insurance while you are travelling?

My own experience: During last May when I plan for a family trip, I decided to purchased the travel insurance along with my Singapore Airlines air ticket booking, RM330 for 5 of us (my parents, my wife, daughter and myself). My decision made as a result of considering my parents and my daughter are travelling along and I might need it JIC (just in case). Also, I was thinking I will need to pay around RM8000 for air ticket and hotels booking and with just less than 5% of the total sum insured to made protection the full coverage.

My decision was right and fruitful!! Just before our trip, my father fall sick and not able to travel along and my mum also need to stay back to take care of him. So we request the Doctor to write a declaration letter to prove that my father is not fit to travel and need a companion to stay back to take care of him.

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